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Who are Debtors & Creditors?

Answer Posted / saranya

debtors:

saran cash paid to raja ( raja debtors)

By RAJA A/C Dr ******
To cash A/C *****

creditors :

By cash A/c Dr ***** (saran creditors)
To saran A/C *****

Is This Answer Correct ?    2 Yes 1 No



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